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Teaching the Youngest Tots Financial Responsibility

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“Studies show that over 80% of children go to their parents with financial questions and at least 60% of parents don’t feel comfortable answering their questions,”Phillips points out. Author and Special guest Nancy Phillips says, “Many parents feel as though they have to be financial geniuses in order to instill good money habits, however just teaching kids the basics can make a huge difference.” On May 27,2010,join 24hrmom and her guest Nancy Phillips as she shares how it’s never too early to start teaching kids how to handle money. She shares how despite the current credit crisis and economic issues of the past, many children still don’t learn about money until they’re already well underway to developing bad money habits. Hear how you can help your child be financially responsibly at a tender age.

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